The Better Mortgage Market Report

Decatur, GA

Single-Family Homes

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Decatur, GA

Wed Oct 24 2018
This week the median list price for Decatur, GA is $259,900 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has held steady at or around 609. Click here to stay informed with the Decatur market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Decatur, GA

Wed Oct 24 2018
This week the median list price for Decatur, GA is $259,900 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has held steady at or around 609. Click here to stay informed with the Decatur market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Decatur market.
Median List Price $259,900
Per Square Foot $164
Days on Market 73
Price Decreased 51%
Price Increased 7%
Relisted 25%
Inventory 609
Median House Rent
Most Expensive $3,500,000
Least Expensive $49,900
Market Action Index
Slight Seller's Advantage
38

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$599,450 2,613 8,000 - 10,000 sqft 3 3 43 13 12 80
$314,950 1,768 0.25 - 0.5 acre 3 2 60 17 8 76
$219,900 1,434 0.25 - 0.5 acre 3 2 62 16 9 69
$135,000 1,373 0.25 - 0.5 acre 3 2 56 39 19 66